Happy for these people. They have gift of the gab, good voice and sometimes good body movements.
Nascent. Become extremely profitable because of the Covid. A few years from now we’ll know whether it is a way of life or just another fad.
People on the right need to look at the data first before spilling the usual “people don’t work” criticism.
Prime age employment ratio is currently at the highest in over 20 years. In fact only the Clinton years were higher in the history of that entire data series. People are very eager to work.
There’s so minimal barrier to entry though. I can’t imagine anyone putting in as little effort as they claim will stay relevant and maintain an audience. Every day there are more people trying to compete.
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May be true for her. I have watched quite a few influencers, they admitted that they spent countless hours preparing for each video. We have experiences giving presentation. Is it possible to give a good presentation with only two hours preparation?
It’s 2.6% lower than in 2001. There’s ~104M people 25-54 so that’s 2.7M people not working. That’s enough to fill 28% of the 9.6M job openings.
https://www.bls.gov/emp/tables/civilian-labor-force-participation-rate.htm
Women might be going to college at a higher rate, but a lot of that is going to waste. Their labor force participate rate is lower than men’s (88.0% vs. 75.3%).
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I think the 2 hours a day thing is a total BS lie. They probably use it to sell courses on how to become a digital creator. People are reading the articles though and thinking that is reality.
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There are millions of jobs that people don’t want. It’s a lot easier to search the internet for government giveaways that it is to dig ditches.
It’s so bad people were getting $200/hr to snow on roofs in Tahoe.
People will only work if they have to. If it’s easier to scam cheat or steal they will not work regular jobs.
Who are raising the kids? Many women stay at home when their kids are young. You want women participation rate as high as men then we should encourage more men to quit their jobs and be stay home dads.
Or we could provide universal free childcare so women don’t have to choose between paying thru the nose for babysitting and having a full time job. I am sure the right will be all for it.
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You realize government regulation is the reason childcare became so expensive, right? What’s the point of all these women going to college if they are just going to stay home to raise kids?
Right. Maybe women should not have kids. Free abortion for every woman in the nation.
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The left wants men to have kids and stay home. Pretty much the end of civilization. The left cow towing to trannies is truly disgusting.
Where will all end?
Initial reaction to PPI and initial jobless claims.
PPI +0.2% MoM, slightly below 0.3% forecast. +2.3% YoY.
Core PPI +0.2% MoM. +3.2% YoY.
IJC 264,000, higher than expected 245,000.
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I think the debt ceiling talks will dominate everything else happening.
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Here is the issue index SPX is going through top level consolidation, but NDX gets dipped more and SOXX ( chip sector ) sell offs going on. Market is going on chip sector mean reversion now.
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This is ironical effect, seemingly looks positive, but really it is not !
What is happening here, some vest funds are booking profits and waiting for market to come up and repeat the same. This means they sell at high prices, keep the cash on sidelines.
Once all (many) such selling complete, market may sink. On any case, SOXX is getting hammered which goes unnoticed by retailers.
Short term the resolution of debt ceiling may lift market up. Don’t know why people keep worrying about that but it’s always 100% certain debt ceiling will be raised. Even the people who want to burn the place down can’t afford to have their fingerprints on the torch. No voters will forgive the party that intentionally tanks the world economy in next year’s general election. That means disaster won’t happen.
Longer term it looks like the Ukraine war has a chance of ending this year. The Russian offense is melting away so bad even the Chinese are abandoning them. We will see how the Ukrainian counterattack goes this summer.
Market (SPX) is hitting again and again certain level only to drop from that peak.
Real bull market (2 to 10 years) won’t start until market touches a bottom.
Just watched big short, market won’t easily fall until it reaches a certain explosive level.
The disaster must happen before Dec 2024.
You have a definition 
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